Archive for April, 2006

Benefits of DCA: Forget cost savings, think risk reduction

Sunday, April 16th, 2006

Many investors are familiar with the concept of DCA (dollar-cost averaging) and this technique is sometimes said to offer cost savings (i.e. lowering the cost basis of the investments). The paper Lifetime Dollar-Cost Averaging: Forget Cost Savings, Think Risk Reduction by Robert Dubil in the FP Journal however argues that … the cost benefit of [...]

Contango and backwardation

Thursday, April 13th, 2006

Investors interested in commodity futures investments should at least have some understanding of the concept of contango and backwardation. This article from Smartmoney tries to explain this with reference to the newly listed crude oil ETF.

Jack Bogle’s portfolio

Wednesday, April 12th, 2006

Sue Stevens talks to John (Jack) Bogle about his portfolio in a recent article on Morningstar. Jack’s portfolio is approximately 60% fixed income, 40% equity. The funds are Equity VG Total stock market index VG 500 index VG Extended market index VG Explorer VG Windsor Fixed income VG Intermediate bond index VG Inflation-protected securities VG [...]